1119 N Vernon CtDeer ParkWA99006
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Deer Park at 1119 N Vernon Ct, Deer Park, WA, 99006 generates $2,656/mo in rent and, after a $1,974/mo payment, leaves $195/mo in cash flow. Total monthly income is $2,656/mo, and annual cash flow is $2,343/yr on $133,727 invested. Return on cash invested sits at 21.66% in year one, and rental yield is 7.9% on a $403,400 entry. Equity gained on principal adds $2,603/yr, while 5% annual appreciation builds toward $111,452 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $149,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99006, Deer Park, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,984 (100%) |
| Owner Occupied HU | 4,685 (78.3%) |
| Renter Occupied HU | 935 (15.6%) |
| Vacant Housing Units | 364 ( 6.1%) |
| Median Home Value | $479,209 |
| Average Home Value | $516,258 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,931
Multi-Family
82
Businesses
247
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Listed by: Shaun Flanigan • Windermere Manito, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202522145
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.